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External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
The United States Central Command (CENTCOM) has launched self-defence strikes against multiple targets in Iran, citing ongoing Iranian aggression. This action has led to Iran's Red Crescent placing emergency centres on high alert amidst reports of explosions in several Iranian cities. Concurrently, Iraqi media claims Iran retaliated with a missile strike on a US air base in Erbil.
Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.
Karnataka Home Minister Priyank Kharge has intensified his demand for the RSS to register itself and disclose its financial dealings, arguing that the organisation cannot wield significant social and political influence while simultaneously claiming no political agenda and evading public accountability. Kharge's remarks follow RSS chief Mohan Bhagwat's rejection of such calls, with Bhagwat asserting the organisation is neither secretive nor operating outside public scrutiny.
BJP witnessed steady growth in crorepati MLAs between 2016 and 2026.
India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.
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Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Nowhera Shaik, the prime accused in the Heera Group investment fraud case, has been arrested in Gurugram. She was apprehended in a joint operation by the Enforcement Directorate and Haryana Police and has been taken to Hyderabad.
An oil tanker carrying 24 Indian seafarers reported a fire off the coast of Oman, with all crew members confirmed safe. The incident occurred amidst renewed hostilities between Israel and Iran, who exchanged attacks on petrochemical facilities.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.
Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
Crude oil prices are projected to fall significantly this year, driven by hopes of a peace deal between the US and Iran, which could lead to the reopening of the Strait of Hormuz, and a notable drop in Chinese demand for seaborne crude imports.
Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
Authorities in Jammu and Kashmir's Udhampur district demolished an alleged illegal commercial property belonging to an alleged drug peddler as part of an ongoing crackdown against narcotics trafficking.
Srinagar Police have attached movable and immovable properties worth over Rs 4 crore belonging to alleged drug traffickers under the NDPS Act, as part of the 'Nasha Mukt Jammu and Kashmir Abhiyaan', aiming to dismantle narcotics networks.
Dale Steyn has backed teenage sensation Vaibhav Sooryavanshi for an extraordinary career, claiming the youngster could surpass even Sachin Tendulkar and Virat Kohli if managed carefully by Indian cricket.
Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.
The Assam cabinet has decided to restrict the issuance of Aadhaar cards to individuals over 18 years of age, a move aimed at preventing illegal immigrants from acquiring the document. Chief Minister Himanta Biswa Sarma stated that exceptions would require district commissioner proposals and state government approval, with a complete ban for all communities over 18 set for April 1, 2027.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.
The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.
The Nationalist Citizens Party of India (NCPI) has named Jyotiprakash Chatterji as its new president, a development that follows the merger of a Trinamool Congress (TMC) rebel Lok Sabha faction with the party. This announcement by Kakoli Ghosh Dastidar, a key figure in the dissident camp, comes amidst speculation about the party's leadership after its founder stepped down. However, details about Chatterji and the party's internal workings remain unclear, with some existing members expressing unawareness of the change.
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Former spinner Ravichandran Ashwin has thrown his support behind Virat Kohli and Rohit Sharma featuring in the 2027 ODI World Cup, saying their experience and presence would make India a stronger side.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
The Securities and Exchange Board of India (Sebi) has proposed a new framework to manage strike prices for options contracts, aiming to ensure continuous availability of suitable contracts even during sharp intraday market swings. This move addresses concerns that extreme price movements can leave traders without appropriate options for hedging or positioning.
Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
The Enforcement Directorate conducted raids across Maharashtra and Gujarat targeting Mohammad Salim Dola, a recently extradited drug trafficker with alleged ties to Dawood Ibrahim, as part of a money laundering investigation.
Many traders spend hours looking for the perfect entry signal, the ideal indicator setup, or the next market-moving opportunity. Yet some of the biggest differences between consistent traders and struggling traders have little to do with finding better trades. They come from managing risk effectively.
Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed to have targeted and destroyed hangars of F-35 fighter jets and struck 21 American air and naval bases across West Asia and the Gulf region, including the US Army's command and control centre at the Al-Azraq base in Jordan and the US Fifth Fleet headquarters in Bahrain.
Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.